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This and more important news from your Fast Company editors, with updates all day. Apple's Europe-Wide Samsung Ban Scaled Back

WASHINGTON (Reuters) - The Obama administration on Tuesday announced a $510 million initiative to boost the production of next-generation biofuels. Under the plan sponsored by the Navy, Energy and Agriculture departments, companies will be invited to bid on new biofuel projects where the government will match the investment. [More]

This and more important news from your Fast Company editors, with updates all day. UK Spy Agencies To Hack Rioter's BBM

By Lily Kuo WASHINGTON (Reuters) - The Obama administration on Tuesday will finalize the first ever fuel efficiency and emissions standards for commercial trucks, vans and buses, which is expected to save owners $50 billion in fuel costs over four years.

It can take years for a new engineering feat to go from concept to commercialization. The rechargeable batteries in your phone took 20 years to develop. So the federal government is launching a project to speed up invention and hopefully save U.S

Calculus does not have to be made easy--it is easy already. That banner used to grace the Los Angeles classroom of someone once called the best teacher in America. Jaime Escalante, the unconventional calculus teacher who was depicted by Edward James Olmos in the 1988 film Stand and Deliver , died last year of cancer at the age of 79.

Free birth control is just part of controversial new plan announced by Obama Administration

President Obama's social media team unleashed a torrent of tweets today, specifically calling out Republicans opposing his debt ceiling plan.

In an exclusive interview with the man behind the popular fake Twitter feed @osamainhell, Fast Company finds out what it takes to do 24/7 Twitter satire, along with some tips for aspiring comedians. Twitter is chock full of humorous fake feeds with massive cult followings. The microblogging service's 140-character message limit has turned out to be the perfect forum for one-line zingers, as the individuals behind @fakeapstylebook , @bpglobalpr and @mayoremanuel all discovered for themselves

The site that lets you crash in a stranger’s house closed a huge round of funding today.

New media consultant Alex Torpey utilized social media to win the Mayoral Race in his New Jersey town. When Barack Obama was running for office in his memorable 2008 campaign, one of the many ways he captivated America was through social networking. He recognized that an online movement could influence offline behavior in politics

Twitter hosts town hall meeting, App store hits 15 billion sold, Facebook fights back, and more. President Obama tweets

Screw austerity: The E.U.'s science spending, which is running at about US$79 billion for the current 2007-2013 period, is getting a boost to $114 billion for 2014-2020. The E.U.'s proposal recognizes that only by spending money on innovation and future tech can income growth be assured.

Was President Barack Obama born in Hawaii?

U.S. nukes are safe! As they can be...